Common use of Parachute Payment Clause in Contracts

Parachute Payment. “Parachute Payment” means a payment (under this Agreement or any other plan, agreement or arrangement) that is described in Code section 280G(b)(2), determined in accordance with Code section 280G and the regulations thereunder.

Parachute Payment. “The term "Parachute Payment” means a payment (under this Agreement or any other plan, agreement or arrangement) that is described " has the meaning as set forth in Code section 280G(b)(2), determined in accordance with Code section Section 280G of the Code and applicable Treasury regulations (without regard to Section 280(b)(2)(A)(ii) of the Code and the Treasury regulations thereunder).

Parachute Payment. “Parachute Payment” means Payment shall mean a payment (under this Agreement or any other plan, agreement or arrangement) that is described in Code section 280G(b)(2), "parachute payment" as defined and determined in accordance with Code section pursuant to Section 280G and of the regulations thereunderCode applicable at the time of the Executive's Qualifying Termination.

Parachute Payment. “The term "Parachute Payment” means a payment (under this Agreement or any other plan, agreement or arrangement) that is described " has the meaning as set forth in Code section 280G(b)(2), determined in accordance with Code section Section 280G of the Code and applicable Treasury regulations (without regard to Section 280G(b)(2)(A)(ii) of the Code and the Treasury regulations thereunder).